"Enron, of course, is exactly the kind of corporation which could not exist in pure capitalism. As a creature, in effect, of politicians, it was deliberately converted from a small pipeline company into an international conglomerate by conniving scoundrels who designed it from the beginning to use the power of their politician-friends to give it government contracts, subsidies, monopoly powers, and favorable regulations to force prospective customers to do business with them, essentially at gunpoint. Obviously, this is fascism, not capitalism, and what you get more and more of when you work to transform what was once the rule of clear-cut law into the rule of men (especially agenda-driving, nuance-inventing judges and lawyers)." |
